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LSUS MHA 710 EXAM 4 HEALTHCARE
ECONOMICS NEWEST 2024 -2025 ACTUAL EXAM
COMPLETE 100 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+
The standard cut-off for cost per quality-adjusted life year (QALY) used by most governmental decision makers is set in terms of multiple of national per capita income. The value of the threshold is usually what percent of national per capita income?
- ANSWER- 100
Suppose your assignment is to use the standard time trade-off approach to measure quality of life . You are given the following
information: An individual is faced with living the remaining 10
years of their life suffering from severe osteoporosis. The individual reveals that they would be willing to give up four of those years to live the remaining six in perfect health. What is the utility of one year in a chronic health state relative to perfect health? - ANSWER- 0.6
According to Grossman (1972), how is the demand for medical care determined? - ANSWER- It is derived from the demand for health. 1 / 3
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The concept of quality-adjusted life year (QALY): - ANSWER-
is used extensively to evaluate medical care resource allocation within government-run programs on fixed budgets, especially in Europe.
Which is of the following measures of effectiveness is an intermediate measure? - ANSWER- Hip Fracture
When measuring the effectiveness of a treatment, surrogate
measures reflect clinical efficacy and include: - ANSWER-
bone-mass density (BMD)
Which of the following is least responsible for the reduction in mortality rates in Europe and North America? - ANSWER- More effective medical interventions.
A physician's ability to induce demand is greatly enhanced
when: - ANSWER- patients have difficulty gathering and
processing information.
Which of the following would likely lead to the greatest improvement in the health status of the population in the United States? - ANSWER- Improved lifestyles changes 2 / 3
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The direct costs in an economic evaluation include all of the
following except: - ANSWER- reduced productivity at work.
There are substantial difference in medial care use by demographic characteristics such as age, sex, and marital status.Which of the following statements is true? - ANSWER- Adult women spend more money on medical care than men do.
Many economists consider medical care a superior good. Which of the following statements is true regarding a superior good? - ANSWER- As consumer income increases, consumers spend more on superior goods.
Researchers estimate QALY in a number of different ways. One
popular approach is called the : - ANSWER- standard gamble.
Cost effectiveness considerations are more formally integrated
into health policymaking in: - ANSWER- Australia, Europe, and
Canada.
Steps in performing a cost effectiveness analysis include all of
these EXCEPT: - ANSWER- ** prioritizing the alternative
treatment options
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